AUD/USD whipsaws on mixed economic data and expectations for monetary policy.Australia’s Retail Sales miss forecasts, but declining US inflation limits the losses.AUD/USD looks toward technical levels from historical moves for direction.The … [Continue reading]
Australia CFTC AUD NC Net Positions down to $-61.2K from previous $-59.1K
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
US exceptionalism wanes as global investors pivot away – Rabobank
The concept of ‘US exceptionalism’ covers many specific themes. For academics it may have referred to the US’s ability to attract bright minds from around the world and generate cutting edge research. Combined with the country’s entrepreneurial … [Continue reading]
USD/JPY declines below 144.00 as Japanese Yen strengthens on hot Tokyo CPI data
USD/JPY falls below 144.000 despite a decent recovery in the US Dollar.US Appeals court lifted ban on Trump’s tariffs temporarily.Hot Tokyo CPI data has strengthened the Japanese Yen.The USD/JPY pair trades lower slightly below 144.00 during European … [Continue reading]
AUD/JPY drops to near 92.50 following Tokyo’s inflation, Aussie Retail Sales data
AUD/JPY loses ground as the Japanese Yen appreciates following Tokyo’s stronger core inflation data.The JPY draws support from safe-haven demand after the US federal Court ruling allowing Trump's tariffs to take effect.Australian Retail Sales fell … [Continue reading]
Trump administration considers allowing tariffs of up to 15% for 150 days – WSJ
Citing people familiar with the matter, the Wall Street Journal (WSJ) reported late Thursday, “US President Donald Trump's administration is considering an existing law that includes language allowing for tariffs of up to 15% for 150 days.”“The … [Continue reading]
Ethereum Price Forecast: ETH tackles $2,750 wall amid $1.6 billion options expiry on Deribit
Ethereum price today: $2,640Ethereum options worth $1.64 billion on Deribit will expire within next 24 hours, with 95% of puts potentially expiring worthless.The recent rising selling pressure could cause call options with strike prices at $2,700 and … [Continue reading]
Gold surges above $3,300 as US jobs data disappoints, Trump tariffs blocked
XAU/USD jumps 0.94% after weak labor report despite court ruling against Trump tariffs.Initial Jobless Claims rise above estimates, increasing pressure on Fed to consider rate cuts.US GDP confirms Q1 contraction; US Dollar tumbles, fueling safe-haven … [Continue reading]
Gold gains as US Dollar falls back, US court strikes down Trump’s tariffs
Gold price recovers its early losses as the US Dollar falls back, with the legal roadblock of Trump’s tariffs raising global economic uncertainty.The US court orders the administration to lift reciprocal import duties and tariffs related to fentanyl … [Continue reading]
EUR/USD dips lower with the Dollar rallying after a US court ban on tariffs
EUR/USD extends losses as the USD is boosted in a risk-relief rally.The market has welcomed a US court decision to block trade tariffs. In Europe, weak macroeconomic figures keep acting as a headwind for the Euro recovery.EUR/USD is trading with … [Continue reading]